Kenosha Tax Law Attorney

Lawyer Assisting With Tax Planning and Filing in Racine County

Tax laws in the United States are complex. Due to this complexity, most people do not have a complete understanding of how the taxes they pay affect their finances both immediately and in the future. However, making the right tax planning decisions can not only help you save money on the taxes you currently pay, but it can also provide substantial benefits that will allow you to save for retirement and provide for yourself and your family throughout the rest of your life.

By working with an experienced professional, you can make tax planning a part of your comprehensive estate plan, and you can also address any tax issues that may arise after a loved one's death. Frozena Law LLC can provide the tax services you need. Attorney Angela Frozena has 15 years of experience across law, tax planning and preparation, and financial services, and she can help you understand how to minimize your tax burdens.

Kenosha County Tax Law Services

At Frozena Law LLC, we provide legal help in the following tax-related areas:

• Income tax - When planning income tax withholding and filing tax returns, we can help you understand how to make the best use of the deductions and credits available to you, including those related to children and dependents, charitable giving, and medical expenses.
• Fiduciary tax - A person named as the personal representative in a loved one's will during the probate process or a successor trustee of a trust will typically be required to file tax returns on behalf of the decedent's estate. These include the person's final income tax return, a tax return for any income earned by the estate before it has been distributed to the beneficiaries, and any required estate or gift tax returns.
• Estate planning - As part of the estate planning process, it is important to save for retirement. We can help you understand the benefits of using tax-advantaged retirement accounts such as 401(k)s, IRAs, and health savings accounts (HSAs) and how these retirement savings should be incorporated into your overall estate plan.
• Business law - One of the key considerations to understand when selecting the right type of business entity during the business formation process is how the company's earnings will be taxed. Using a disregarded or pass-through entity which taxes business income as part of the owners' individual income taxes may provide benefits, such as reduced administrative costs and, in some cases, a 20% deduction on qualified business income.
• Real estate - The internal revenue code provides benefits to homeowners, including the mortgage interest deduction, real estate tax deduction, and the personal residence gain exclusion. However, these benefits are subject to limitations, and the Tax Cuts and Jobs Act added new limits to the mortgage interest, state income and sales tax, and real estate tax deductions as of 1/1/2018.

Contact a Sturtevant, WI Tax Lawyer

Frozena Law LLC can provide the legal help you need, no matter where you are in your journey through life. We can assist in filing income taxes, work with you and your financial advisor or accountant in planning for retirement, and help ensure that you consider how taxes can impact the decisions you make about how your assets are used during your life and will be passed to your heirs.

To schedule a consultation and learn more about the tax planning and filing services that we can provide, contact us by calling 262-237-8668. We serve clients in Kenosha, Sturtevant, Pleasant Prairie, Burlington, Lake Geneva, Racine, Union Grove, and Bristol.